TLDR:
- Mesh, a connectivity layer for crypto, receives a strategic investment from QuantumLight, Nik Storonsky’s VC firm
- The investment triples Mesh’s Series A valuation and highlights the company’s growth and potential in the crypto industry
Mesh, a modern connectivity layer for crypto, has announced a strategic investment from QuantumLight, a venture capital firm founded by Nik Storonsky, the CEO of Revolut. This investment has tripled Mesh’s Series A valuation and signifies the company’s rapid growth since the start of 2024. Mesh, founded in 2020 by a team of cyber security and crypto experts, aims to solve crypto’s fragmentation problem by offering a connected and embedded experience for exchanges, wallets, and payment providers. With integrations with platforms like MetaMask, MoonPay, and Fireblocks, Mesh enables users to seamlessly connect, deposit, and pay with their crypto accounts across hundreds of platforms. This recent investment by QuantumLight, which uses a proprietary AI model for investment decisions, demonstrates confidence in Mesh’s vision to create a more interconnected financial world.
Mesh has raised over $45 million to date from investors like PayPal Ventures, Money Forward, Galaxy, and Samsung Next. The company’s focus on security-first approach and technology, combined with Nik Storonsky’s expertise in building Revolut, positions Mesh as a key player in the crypto industry. The investment from QuantumLight underscores Mesh’s potential to redefine the user experience of crypto and drive mainstream adoption in the industry. With seamless connections to over 300 platforms and support for more than 40 tokens, Mesh is poised to continue its success and growth in the crypto space.
